(INN) Summit Hotel complete technical analysis [charts+indicators] | Buy/Sell Summit Hotel | (INN) share price targets
Complete technical analysis of Summit Hotel (INN) by charts plus indicators, forecast predictions and share price targets for Summit Hotel (INN)
Summit Hotel trades in USA in Consumer Services sector.
Showing technical analysis as on 2024-05-31 View latest technical analysis
10 day averaged volume of Summit Hotel is 522014
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 6.12 | 6.03 | 6.15 | 6.02 | 3.366 times |
| 30 Thu May 2024 | 6.02 | 6.05 | 6.07 | 5.98 | 0.956 times |
| 29 Wed May 2024 | 6.00 | 5.94 | 6.01 | 5.94 | 1.427 times |
| 28 Tue May 2024 | 6.02 | 6.04 | 6.09 | 5.98 | 0.747 times |
| 24 Fri May 2024 | 6.02 | 6.06 | 6.06 | 5.98 | 0.844 times |
| 23 Thu May 2024 | 6.02 | 6.04 | 6.06 | 5.97 | 1.649 times |
| 22 Wed May 2024 | 6.03 | 6.00 | 6.07 | 6.00 | 0.671 times |
| 21 Tue May 2024 | 6.04 | 5.98 | 6.04 | 5.98 | 0.708 times |
| 20 Mon May 2024 | 6.00 | 6.03 | 6.03 | 5.99 | 1.019 times |
| 17 Fri May 2024 | 6.01 | 6.10 | 6.10 | 5.98 | 0.834 times |
Stock of Summit Hotel (INN) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, and stock might move up till 6.2 or till 6.2. Use a stoploss of 6.07 and if this stock hits its stoploss, then it can fall down till 5.99
Share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Target | 5.94 |
| Upside Target | 6.26 |
| Upside Target | 6.31 |
| Upside Target | 6.33 |
| Upside Target | 6.44 |
| Upside Target | 6.57 |
| Upside Target | 6.63 |
| Upside Target | 6.75 |
| Upside Target | 6.95 |
Intraday share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Intraday Target | 5.99 |
| Downside Intraday Target | 5.86 |
| Upside Intraday Target | 6.2 |
| Upside Intraday Target | 6.28 |
| Downside Intraday Target | 6.07 |
Weekly technical analysis of Summit Hotel (INN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 6.12 | 6.04 | 6.15 | 5.94 | 1.328 times |
| 24 Fri May 2024 | 6.02 | 6.03 | 6.07 | 5.97 | 1.173 times |
| 17 Fri May 2024 | 6.01 | 6.13 | 6.19 | 5.97 | 0.797 times |
| 10 Fri May 2024 | 6.06 | 6.29 | 6.31 | 6.02 | 0.844 times |
| 03 Fri May 2024 | 6.25 | 6.14 | 6.44 | 5.98 | 1.014 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Summit Hotel (INN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 6.12 | 6.01 | 6.44 | 5.94 | 0.88 times |
| 30 Tue Apr 2024 | 6.01 | 6.57 | 6.63 | 5.99 | 0.935 times |
| 28 Thu Mar 2024 | 6.51 | 6.45 | 6.57 | 6.15 | 0.923 times |
| 29 Thu Feb 2024 | 6.42 | 6.48 | 6.75 | 6.26 | 1.056 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Summit Hotel (INN)
Price action analysis of Summit Hotel ( (INN) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Summit Hotel ( (INN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Summit Hotel ( (INN) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Summit Hotel ( (INN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Summit Hotel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Summit Hotel in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Summit Hotel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Summit Hotel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Summit Hotel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.04 and Summit Hotel (INN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Summit Hotel (INN) stock. Volume based technical analysis of Summit Hotel (INN) stock is negative.
Summit Hotel Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Summit Hotel ( (INN) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Summit Hotel ( (INN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Summit Hotel ( (INN) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Summit Hotel ( (INN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Summit Hotel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Summit Hotel in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Summit Hotel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Summit Hotel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Summit Hotel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.04 and Summit Hotel (INN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Summit Hotel (INN) stock. Volume based technical analysis of Summit Hotel (INN) stock is negative.
Summit Hotel Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.